Metaverse Tokens Decentraland (MANA) and The Sandbox (SAND) Lose Traction; Flasko (FLSK) Presale Surges On – Analytics Insight
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2022 was an unprecedented year in the crypto market as the broader industry lost over several trillion dollars in market capitalization within a matter of weeks. The collapse of the Terra ecosystem triggered a series of events leading to the bankruptcies of Three Arrows Capital, Celsius, BlockFi, and Alameda/FTX––which led to most cryptocurrencies plummeting to record lows.
Even metaverse meme tokens Decentraland (MANA) and The Sandbox (SAND), once the hottest cryptos just last year, have seen their ATH values drop by as much as 93%. However, gems still abound in the bear market if you know where to look. One of those gems is Flasko. Let’s discuss these three cryptos and determine which one is the best crypto to buy in 2022.
Decentraland (MANA) was a crypto that surged during the scramble for the metaverse of 2021, when metaverse-related tokens mooned and hit all-time highs due to industry speculation. However, the evident lack of interest thus far in the metaverse has affected Decentraland (MANA) token prices. Decentraland (MANA) has been trading around the $0.40 level, or 93% below its ATH level of $5.31. Decentraland (MANA) holders are holding out for the faint hope of a resurgence, but that doesn’t look likely to happen anytime soon.
It wouldn’t be a surprise to find out that Decentraland (MANA) investors are ditching their holdings in favor of more profit-generating cryptos.
The Sandbox (SAND) is a blockchain-enabled virtual world that uses The Sandbox (SAND) tokens as its native currency. The Sandbox (SAND) users can produce, trade, and rent out digital content in the form of NFTs. However, despite being one of the more prominent metaverse tokens in the space, The Sandbox (SAND) has actually careened downwards in price from $8.40 at its ATH to just $0.59––to the tune of a precipitous 93% drop in value, There are better options than The Sandbox (SAND) In a risk-averse market such as this.
Flasko is a revolutionary alternative investment platform combining NFT technology with the rare wines, whiskeys, and champagnes asset class; the latter consistently bringing in almost 30% returns. And why not? Rare wines, whiskeys, and champagnes appreciate in quality, scarcity, and value over time, making them true hedges against inflation.
Flasko enables this by allowing users to invest in NFTs backed by investment-grade bottles of premium wines, whiskeys, and champagnes. This will allow them to benefit from their steadily appreciating values. Moreover, they can choose to redeem said NFTs in exchange for the wines, whiskeys, and champagnes they represent––to any part of the world.
Thanks to this unique utility, crypto analysts expect Flasko to do at least a 50x from its present $0.111 presale value––all the way to $5––by 2023.
Best of all, Flasko is fully audited by Solid Proof, while the team implemented a liquidity lock on the Flasko platform for 33 years. On the other hand, dev team tokens are locked for three years followed by another vesting period. Presale Flasko buyers can rest assured that they’re buying a blue chip. Over 10,000 presale investors can’t be wrong––join the presale by following the links below.
Disclaimer: The information provided in this article is solely the author’s opinion and not investment advice – it is provided for educational purposes only. By using this, you agree that the information does not constitute any investment or financial instructions. Do conduct your own research and reach out to financial advisors before making any investment decisions.
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